The cost price of 15 pens is equal to the selling price of 20 pens. The loss or profit percentage is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e 25% loss
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Understanding Tricks |
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Application CP of 15 = SP of 20 CP/SP = 20/15 Here having loss |
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Percentage = 5/20 × 100 = 25% |